Taliban expand economic team as Afghan crisis deepens

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Afghanistan's Taliban government bolstered its economic team on Tuesday, naming a commerce minister and two deputies as the group tries to revive a financial system in shock from the abrupt end to billions of dollars in foreign aid.

Nooruddin Azizi, a businessman from Panjshir province north of Kabul, was named as acting minister of commerce and industry and would start work immediately, Taliban spokesman Zabihullah Mujahid told a news conference.

"We are working day and night on this and on making sure that the economic issue is resolved as soon as possible," Mujahid told reporters. Some humanitarian aid has started to arrive and limited trade has returned across land borders with Pakistan, but a severe cash shortage is crippling day-to-day economic activity and decades of war have left much infrastructure in tatters.

"Kunduz is known as the bread basket of Afghanistan, but the economic situation, especially the agriculture situation in Kunduz, is miserable," he said. "Farmers could not get products like melon and grapes to Kabul due to all the problems."In the cities, normally bustling commercial areas are unusually quiet, and impromptu markets have sprung up where people try to sell their household goods to raise cash.

Afghanistan's central bank has been blocked from accessing more than $9 billion in foreign reserves held outside the country, and Mujahid said millions of dollars belonging to the state had disappeared before the Taliban entered the capital.

 

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